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Audi investing $30.3 billion through 2018 for product expansion

How does Audi plan to reach two million units in annual sales and pay for the 11 new models it's adding to its lineup - an expansion that may include models named SQ2, Q9 and F-Tron? By increasing its investment to 22 billion euros ($30.3 billion US) between now and 2018. That figure represents an increase of about 500 million euros over the previously planned outlay, according to a report by Automotive News, and that could be due to Audi wishing to goad the momentum that pushed it to 1.5 million annual sales two years ahead of schedule.
It's also about staving off the challenges from BMW and Mercedes-Benz. Now that BMW has been able to turn some of its attention away from its "i" series of Megacity cars, it will reportedly spend more than planned in 2014 as it continues the rollout of ten all-new vehicles and 15 new-generation vehicles through the end of next year. Mercedes, having been dropped to third in the sales race, is preparing to add 13 new cars over the next six years.
Audi's money is going into technology, into product like the next-generation TT and the Q1 and production expansions and upgrades all over the world. The expenditure represents just under a fourth of Volkswagen's 84.2 billion-euro ($115.7 US) outlay devoted to taking the number-one global automaker title away from General Motors and Toyota by 2018.

2017 BMW M760i xDrive is an M and a 7, but not an M7

It's still not a proper M7, but the BMW M760i has a lot to offer. For one, it comes with BMW's silky smooth, 6.6-liter V12, good for 600 horsepower and 590 pound-feet of torque. It looks elegant, even in its Geneva Motor Show-spec shade of matte gray. In terms of baller status Bimmers, this is top-shelf stuff. Or is it? As I discussed in the earlier M760i post, the newly announced Alpina B7 xDrive has just as much power, is quicker to accelerate, and will run to a higher top speed. No, it doesn't come with that awesome V12, but it's a frickin' Alpina, complete with those super rad 21-inch wheels. But I digress. The M760i xDrive (that's all-wheel drive) is quite a beast to behold, and I'm sure it'll stack up nicely with the Mercedes-Benz S600s and Audi A8 W12s of the world. Check it out in the galleries above and below. View 18 Photos The All-New 2017 BMW M760i xDrive. - Superb performance and exceptional luxury combined. - The allure of the most powerful BMW V12 production engine. - First BMW 7 Series M Performance Automobile. Today, BMW announced the all-new BMW M760i xDrive, the latest addition to the BMW M Performance line-up. With the introduction of the 2017 BMW M760i xDrive, the sixth generation BMW 7 Series adds the first M Performance TwinPower Turbo 12-cylinder to its offerings. The all-new BMW M760i xDrive combines luxurious driving, style, safety and innovative technologies while embodying M Performance dynamics with the integration of the first 12-cylinder gasoline engine with M Performance Twin Power Turbo technology. The BMW M760i xDrive will arrive early in 2017 and MRSP will be announced closer to launch. The allure of the most powerful BMW V12 production engine. The M Performance TwinPower Turbo 12-cylinder gasoline engine in the new BMW M760i xDrive has a displacement of 6,592 cc, developing 600 hp (preliminary figure) at 5,500 rpm and peak torque of 590 lb-ft from as low as 1,500 rpm. These performance figures enable the luxury sedan to accelerate from 0 to 62 mph in just 3.9 seconds (preliminary figure) and on to a governed top speed of 155 mph. During the development of the all-aluminum block, the engineers focused on maximizing rigidity while also minimizing weight. Using a closed- deck construction combined with bolts holding the cylinder head down on the bed plate of the crankcase, the engine ensures maximum stability on the cylinder liners.

Which car should win 2015 World Green Car of the Year?

There were three finalists for the World Green Car of the Year announced about a month ago at the Geneva Motor Show: the BMW i8, the Mercedes-Benz S 500 Plug-In Hybrid and the Volkswagen Golf GTE. With the New York Auto Show upon us and the winner scheduled to be announced tomorrow, we thought it's high time to ask our readers which one should win. There were seven other vehicles named to the finalists list: the Hyundai x35/Tucson Fuel Cell, the Volvo XC90 T8 Twin Engine, the Audi A3 Sportback E-Tron, the BMW X5 xDrive40e, the Kia Soul EV, the Nissan e-NV200 and the Opel Adam 1.0 Direct Injection Turbo ecoFLEX Start. Would you have named one of these to the top three list instead? POLL 14386429 Green BMW Mercedes-Benz Volkswagen 2015 ny auto show world green car of the year vw golf gte